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Business / Moneycontrol

This week in Auto: When Royal Enfield becomes more valued than Jaguar; Mahindra refuses to bail out SsangYong

Here is the list of all the major news of the week in the automotive sector

4 Apr 2020 2:11 pm
Coronavirus lockdown | State power utilities gear up for blackout on April 5

There have been concerns that the blackout may impact the electricity grid due sudden drop in peak power demand, which was already down 25 percent at 125.81 GW on April 2 compared to a year ago.

4 Apr 2020 2:10 pm
Coronavirus pandemic | CK Birla Group commits Rs 35 cr in support of the fight against COVID-19

Besides, the employees of each of the group companies are making voluntary personal contributions towards this fund, which will be added to this corpus.

4 Apr 2020 1:55 pm
Coronavirus pandemic | Saudi Arabia man faces possible death sentence for spitting in public

The crime is grave, but especially so now as the kingdom battles the COVID-19 pandemic

4 Apr 2020 1:41 pm
Coronavirus pandemic | US evacuates stranded citizens as Pakistan relaxes ban on international flights

The flight took 119 US citizens from Karachi and 175 Americans, including nine diplomats, from the Islamabad International Airport, according to sources.

4 Apr 2020 1:35 pm
RBI industrial outlook surveys confirm what bank NPA charts have been telling us for long

According to an RBI survey, consumer confidence, as measured by the current situation index, in early March 2020 remained broadly close to the all-time low.

4 Apr 2020 1:18 pm
Coronavirus pandemic | 47 new COVID-19 patients in Maharashtra, tally jumps to 537

As per the updates given by the public health department, in Mumbai there are 28 new patients in the last 12 hours, 15 in the Mumbai metropolitan region (excluding Mumbai), two in Pune and one each in Amravati and Pimpri Chinchwad.

4 Apr 2020 1:15 pm
Coronavirus l Health ministry warns of essential medicine shortage if states dont help with transportation

The Health Ministry highlighted issues at the local level and asked states to issue appropriate instructions for effective resolution of challenges like transportation issues and availability of workforce

4 Apr 2020 1:02 pm
Coronavirus state-wise tally on April 4: Maharashtra reports most COVID-29 cases at 423, Tamil Nadu follows with 411

The number of active COVID-19 cases stands at 2,650, while 183 people were either cured or discharged and one had migrated to another country.

4 Apr 2020 12:58 pm
Coronavirus state-wise tally on April 4: Maharashtra reports most COVID-19 cases at 423, Tamil Nadu follows with 411

The number of active COVID-19 cases stands at 2,650, while 183 people were either cured or discharged and one had migrated to another country.

4 Apr 2020 12:58 pm
China mourns thousands who died in country#39;s coronavirus epidemic

At 10 am (0200 GMT) Beijing time, the country observed three minutes of silence to mourn those who died, including frontline medical workers and doctors. Cars, trains and ships sounded their horns and air raid sirens wailed.

4 Apr 2020 12:55 pm
Coronavirus pandemic | WHO, IMF say saving lives #39;prerequisite#39; to save jobs

World Health Organization director-general Tedros Adhanom Ghebreyesus and International Monetary Fund managing director Kristalina Georgieva said getting the COVID-19 virus under control first was necessary to revive economic activity -- though they admitted it was difficult to strike the right balance.

4 Apr 2020 12:45 pm
#39;CFOs should be able to speak their mind freely#39;

Promoters of family-owned businesses do search for that special relationship with CFOs that is crucial for the growth of the business. And when that equation gets formed it often lasts, like a typical marriage.

4 Apr 2020 12:36 pm
Coronavirus pandemic | New York State records highest number of deaths in single day from COVID-19

Coronavirus cases in the state, the epicenter of the pandemic in the US, crossed 100,000 and it recorded the highest increase in the number of deaths from the virus in a single day between April 2 and 3, Cuomo said.

4 Apr 2020 11:51 am
Coronavirus pandemic | Singer Pink says she had COVID-19, gives $1M to relief funds

In a pair of tweets, she said she and her three-year-old son were displaying symptoms two weeks ago, and she tested positive after accessing tests through a primary care physician.

4 Apr 2020 10:39 am
Coronavirus pandemic| Amidst remote working, technology poses unusual challenges

On one hand while there are privacy concerns, on the other professionals not used to video calls and meetings are making hilarious mistakes.

4 Apr 2020 10:35 am
Coronavirus pandemic | South Africa rolls out mobile testing in virus lockdown

Nurse Xola Dlomo told AFP they were asking one resident to mobilise fellow flat dwellers to come for screening and tests.

4 Apr 2020 10:17 am
Broken Wing Butterfly is slow but steady strategy in making money amid volatility

Broken Wing Butterfly strategy is slow but steady in making money and one of the most inexpensive ways to trade

4 Apr 2020 10:12 am
Coronavirus pandemic | Little impact so far on global food supply chain but anxiety-driven panic could change that: WFP

However, given the highly globalised nature of food production and supply, commodities need to move from the world#39;s #39;breadbaskets#39; to where they are consumed and the novel coronavirus-related containment measures are starting to make this more challenging.

4 Apr 2020 10:07 am
In Pics | These 6 stocks gave at least 10% return each in last 3 fiscals; do you own any?

To check for consistent performers, Moneycontrol has analysed BSE100 stocks which gave at least double digit return in each of the last three fiscals. Interesting only six stocks made the cut

4 Apr 2020 9:41 am
Coronavirus pandemic | Amazon to delay Prime Day event due to coronavirus, outlines cloud risks

The company also sees a risk to cloud computing sales in France, while another business - video on demand - is shaping up to post $100 million more in revenue than Amazon had planned for the first quarter, the document said.

4 Apr 2020 9:16 am
Govt reserves jobs in JK for domiciles; amends Apr 1 order after angry reax

On Wednesday, while laying down the rules for domiciles, the government had reserved jobs up to group 4 only.

4 Apr 2020 9:01 am
Coronavirus pandemic | Trump expands role of US army in the fight against coronavirus

US till Friday reported 7,380 deaths and at least 276,500 infections due to the deadly coronavirus, the highest for any country in the world.

4 Apr 2020 9:00 am
Coronavirus pandemic | UN predicts #39;deep recession#39; in LatAm due to virus

Latin America was already struggling economically, with feeble growth of just 0.1 per cent in 2019.

4 Apr 2020 8:41 am
Coronavirus pandemic | Trump, Macron plan UN Security Council talks on coronavirus

Macron#39;s office said that this would be an important signal in the face of a global pandemic that poses a particular threat in areas of armed conflict.

4 Apr 2020 8:27 am
Coronavirus pandemic | World can control spread only through stringent lockdown

A successful domestic lockdown and reopening of the economy on April 15 is very important

4 Apr 2020 8:26 am
Coronavirus News India Live Updates: US sets new 24-hour death toll record

In India, as per the Health Ministry#39;s latest updates, the number of positive cases stands at 2,547, of which 62 people have died

4 Apr 2020 8:20 am
Coronavirus pandemic | Looks like Hydroxychloroquine is having some good results on coronavirus patients; says Trump

We continue to study the effectiveness of Hydroxychloroquine and other therapies in the treatment and prevention of the virus and will keep the American people fully informed in our findings, Trump told reporters during a press briefing at the White House on Friday.

4 Apr 2020 7:59 am
SaudiRussia price battle weak demand to drag oil prices further

Looking ahead, prices are likely to continue with negative bias, despite policymakers committing trillions of dollars to offset the negative impact on the economy.

4 Apr 2020 7:53 am
PM Modi, Benjamin Netanyahu discuss ways to deal with coronavirus crisis

The two also agreed to maintain a focused channel of communication to explore such synergies during their telephonic conversation, a statement from the Prime Minister#39;s Office in New Delhi said.

3 Apr 2020 11:01 pm
COVID-19 pandemic: Tata AIA Life offers additional Rs 5 lakh benefit at no cost

The company said all policyholders of Tata AIA will get an additional benefit equal to the base sum assured or Rs 5 lakh, whichever is lower for valid death claims due to COVID-19.

3 Apr 2020 10:50 pm
Air India stops bookings until April 30

An airline spokesperson said bookings have now been closed till April 30 from Friday.

3 Apr 2020 10:42 pm
Air India pilot unions oppose 10% cut in employees#39; allowances

On March 18, the airline had decided to withdraw special allowance to pilots while revising downward the layover allowance for cabin crew. Significantly, flying allowance accounts for as much as 70 percent in a pilots#39; salaries.

3 Apr 2020 10:34 pm
HDFC to raise up to Rs 7,500cr by issuing bonds next week

The object of the issue is to augment the long-term resources of the lender, it said in a regulatory filing.

3 Apr 2020 10:25 pm
SBI plans to appoint consultant for #39;competency assessment#39; of 1,100 senior executives

In a public notice, the bank has sought applications from competent consultant who can design and deliver the exercise within a month from the date of the contract.

3 Apr 2020 9:40 pm
Coronavirus wrap April 3: Here are the top developments of the day

In India, as per the Health Ministry#39;s latest updates, the number of positive cases stands at 2,547, of which 62 people have already lost their lives to the virulent outbreak.

3 Apr 2020 9:27 pm
MM halts plans to inject funds in SsangYong 2 months after its board agreed to inject $406m

MM has been trying to find new investors for SYMC since the last few months

3 Apr 2020 9:26 pm
Coronavirus lockdown | Opposition leaders taunt PM for candle light initiative

In a scathing verbal attack, Trinamool leader Mahua Moitra asked the Prime Minister to get real

3 Apr 2020 8:56 pm
#39;Lean on Me#39; singer Bill Withers passes away at 81

#39;Lean On Me#39; was based on his childhood in West Virginia, when neighbours would help each other in times of difficulty or recession.

3 Apr 2020 8:50 pm
24 Hours of Le Mans 2020 scheduled for September 19

24 Hours of Le Mans 2020 scheduled for September 19

3 Apr 2020 8:46 pm
Ideas for Profit | This micro-cap emerges at the frontline in our war against coronavirus

In this edition of Ideas for Profit, Moneycontrol#39;s Sakshi Batra will share more details about this company and whether investors should keep an eye on it

3 Apr 2020 8:30 pm
Forex reserves surge $5.65 bn to $475.56 bn

The reserves had touched a life-time high of $487.23 billion in the week to March 6, after it rose by $5.69 billion.

3 Apr 2020 8:18 pm
Here#39;s a list of apps launched by Centre and state governments to tackle COVID-19 crisis

While some applications are keeping a tab on people under home quarantine, others are busting fake news and also assisting citizens.

3 Apr 2020 8:16 pm
Business Insight | The battle against COVID-19: The story so far

In this edition of Business Insight, we list down the steps taken by the government and financial institutions so far to minimise the impact of COVID-19

3 Apr 2020 8:12 pm
Super Pink moon, biggest and brightest full moon of 2020, to be visible on April 7

The Super pink moon is what astronomers call as a perigean full moon. At this time, the moon is at its closest distance to earth at 356,907 km away

3 Apr 2020 8:00 pm
Mumbai court rejects Yes Bank founder Rana Kapoor#39;s interim bail plea

Kapoor, 62, had sought bail claiming that his prevailing medical condition puts him at the risk of contracting coronavirus infection in jail.

3 Apr 2020 7:56 pm
FMCG major Marico Ltd ties up with Swiggy, Zomato for delivery of essential items

The service is currently available on Zomato in Bengaluru and Delhi-NCR while Marico#39;s Swiggy stores have started delivery in Gurugram

3 Apr 2020 7:49 pm
What to read during a pandemic, including books not about pandemics

Here are some suggestions that span different subjects and states of mind, for those who want to spend some time away from the current scenario or simply put it in context.

3 Apr 2020 7:43 pm